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Credit Card Sales in Small Businesses

In Costa Rica, 36% of grocery stores and retail outlets have card payment systems, and on average they sell 27% more than those that do not have the service.
The data, which was collected between April and July of this year and is part of a study conducted by Fundes, that promotes the competitive development of micro, small and medium enterprises in Latin America, shows that 44% of these types of businesses have bank accounts and 83% of establishments have an internet connection.
In relation to the trend shown in the study, Carlos Melegatti, director of the payment systems division at the Central Bank of Costa Rica (BCCR), explained to Nacion.com that ” … the data reflects the challenge facing the country on the issue of eliminating

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Card Payments Of Less Than ¢15,000 Do Not Require Signature or ID